Welcome to our dedicated page for New Relic news (Ticker: NEWR), a resource for investors and traders seeking the latest updates and insights on New Relic stock.
New Relic, Inc. (NEWR) provides essential software analytics solutions that power digital transformation for enterprises worldwide. This dedicated news hub offers investors and technology professionals centralized access to official corporate announcements and strategic updates.
Track critical developments including quarterly earnings reports, product enhancements to the New Relic Observability Platform, and collaborations shaping the future of application performance management. Our curated collection ensures timely access to operational milestones, leadership changes, and market expansion initiatives.
Discover updates on New Relic's AI-driven analytics innovations, cloud infrastructure partnerships, and DevOps ecosystem integrations. The repository serves as a strategic resource for understanding the company's growth trajectory in the competitive software monitoring sector.
Bookmark this page for streamlined monitoring of New Relic's progress in delivering real-time performance insights and maintaining technological leadership. Return regularly to stay informed about developments impacting digital business optimization strategies.
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New Relic, Inc. (NYSE: NEWR) reported a 19% increase in fourth quarter revenue, reaching $206 million, and an 18% rise in fiscal 2022 revenue to $786 million. Despite this growth, the company faced a GAAP operating loss of $(56) million for Q4, totaling $(229) million for the year. The non-GAAP losses were $(16) million in Q4 and $(49) million for fiscal 2022. Cash flow from operations stood at $50 million, with cash reserves of $829 million. The outlook for Q1 FY2023 predicts revenue between $212 million and $214 million, while full-year guidance anticipates revenue between $920 million and $930 million.
New Relic (NYSE: NEWR) has announced its participation in several upcoming investor conferences. Management will present at:
- J.P. Morgan Global Technology, Media and Communications Conference on May 23, 2022, at 10:40 a.m. ET.
- Cowen 50th Annual Technology, Media & Telecom Conference on June 1, 2022, at 3:55 p.m. ET.
- Baird 2022 Global Consumer, Technology & Services Conference on June 7, 2022, at 9:40 a.m. ET.
Live webcasts can be accessed on New Relic's investor relations page, with replays available afterward.
New Relic (NYSE: NEWR) has announced a new add-on for Amazon EKS Blueprints, enhancing automation for Kubernetes observability within AWS clusters. This offering allows engineers to streamline observability instrumentation, reducing the need for specialized expertise. Key features include automated observability component deployment, standardization of monitoring practices, and enhanced performance analytics in a unified UI. The add-on is available to all current customers at no additional cost, while new users can access it for free. This aligns with New Relic's ongoing collaboration with Amazon Web Services.
New Relic, Inc. (NYSE: NEWR) will host its Analyst Day on May 18, 2022, at The Cosmopolitan Hotel in Las Vegas, coinciding with FutureStack 2022. This event aims to showcase New Relic’s products in observability and telemetry data, highlighting current and future market opportunities. The presentation will start at 3 p.m. PT and can also be accessed via a live web broadcast. Attendees will gain insights from industry leaders and can register by contacting AnalystDay@newrelic.com.
New Relic (NYSE: NEWR) has launched a significant update to its New Relic Infinite Tracing solution, enhancing engineers' ability to isolate performance bottlenecks. This update supports full-stack visibility for browser, mobile, and serverless applications. The service is now available regionally in Europe, Asia, and Australia, ensuring low cloud egress costs and compliance. Customers on Pro and Enterprise plans can access these features at no extra charge, simplifying setup and enhancing operational efficiency.
New Relic (NYSE: NEWR) launched Data Plus, an observability solution that provides extended performance and governance capabilities. This offering, available from June 1, 2022, is priced at $0.50 per gigabyte, 56% cheaper than purchasing each capability separately. Key features include 90 days of extended data retention, three times the maximum query limit, and compliance with FedRAMP and HIPAA. As 91% of IT decision-makers adopt observability practices, Data Plus aims to make these capabilities accessible to engineering teams of all sizes.
New Relic (NYSE: NEWR), the first HIPAA-compliant observability platform, has achieved HITRUST Risk-based, 2-year Certification, reinforcing its commitment to securing patient Protected Health Information (PHI). This certification positions New Relic in a select group of organizations globally, ensuring compliance with key regulations and robust risk management. Following the launch of its industry-first HIPAA-compliant observability platform, New Relic aims to support healthcare organizations in their digital transformation during the COVID pandemic by overcoming challenges related to telemetry data security.
New Relic, Inc. (NYSE: NEWR) plans to release its financial results for the fourth quarter ending March 31, 2022, after market close on May 12, 2022. An investor letter will be available on their website, and a conference call will be held at 2 p.m. PT (5 p.m. ET) on the same day. Participants can access the call by dialing (646) 904-5544 in the U.S. or (929) 526-1599 internationally. A replay will be available until May 19, 2022. New Relic specializes in observability, providing tools for engineers to enhance software performance.
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